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Sovereign Wealth Funds Briefing - Categorized | Market, People

IMF delegation meets Iran’s NDF director

Posted on 06 February 2014

A delegation from the International Monetary Fund (IMF) met the director of the National Development Fund (NDF) of Iran, IRIB reported on Wednesday. The IMF delegation was led by Martin Cerisola. Safdar Hosseini is the NDF director.
The NDF is Iran’s sovereign wealth fund. It was founded in 2011 to replace Oil Stabilization Fund. The NDF forecasts it total assets increase by $17.5 billion in the next Iranian calendar year, which will begin on March 21, 2014………………………………………..Full Article: Source


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